Common use of Membership Interests of Merger Sub Clause in Contracts

Membership Interests of Merger Sub. Each membership interest of Merger Sub issued and outstanding immediately prior to the Effective Time shall automatically be converted into one validly issued, fully paid and nonassessable share of common stock of the Surviving Company.

Appears in 2 contracts

Samples: Merger Agreement (Western Asset Mortgage Capital Corp), Merger Agreement (Terra Property Trust, Inc.)

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Membership Interests of Merger Sub. Each unit of membership interest of Merger Sub issued and outstanding immediately prior to the Effective Time shall automatically be converted into one validly issued, issued and fully paid and nonassessable share unit of common stock membership interest of the Surviving Company.

Appears in 1 contract

Samples: Merger Agreement (Liveperson Inc)

Membership Interests of Merger Sub. Each membership interest of Merger Sub issued and outstanding immediately prior to the Effective Time shall automatically be converted into one validly issued, fully paid and nonassessable share of common stock, par value $0.01 per share, of the Surviving Corporation, and shall constitute the only outstanding shares of capital stock of the Surviving CompanyCorporation.

Appears in 1 contract

Samples: Merger Agreement (Universal Stainless & Alloy Products Inc)

Membership Interests of Merger Sub. Each membership interest of Merger Sub issued and outstanding as of immediately prior to the Effective Time shall automatically be converted into into, and be exchanged for, one (1) validly issued, fully paid and nonassessable share of common stock membership interest of the Surviving Company.

Appears in 1 contract

Samples: Merger Agreement (Rent a Center Inc De)

Membership Interests of Merger Sub. Each membership interest of Merger Sub issued and outstanding immediately prior to the Effective Time shall automatically be converted into and exchanged for one validly issued, fully paid and nonassessable share of common stock membership interest of the Surviving CompanyEntity.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Tumbleweed Communications Corp)

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Membership Interests of Merger Sub. Each membership interest of Merger Sub issued and outstanding as of immediately prior to the Effective Time shall automatically be converted into into, and be exchanged for, one (1) validly issued, fully paid and nonassessable share of common stock non-assessable membership interest of the Surviving CompanyCompany at the Effective Time.

Appears in 1 contract

Samples: Merger Agreement (Prudential Financial Inc)

Membership Interests of Merger Sub. Each All of the membership interest interests of Merger Sub issued and outstanding immediately prior to the Effective Time shall automatically be converted into one and exchanged for validly issued, issued and fully paid and nonassessable share of common stock membership interests of the Surviving Company.

Appears in 1 contract

Samples: Merger Agreement (Emulex Corp /De/)

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